S.Amdt. 505

SA 505. Mr. HAGERTY submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 5, setting forth the
congressional budget for the United States Government for fiscal year
2021 and setting forth the appropriate budgetary levels for fiscal
years 2022 through 2030; which was ordered to lie on the table; as
follows:

[[Page S403]]

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO ENSURING
THAT THE UNITED STATES CONTINUES TO SUPPORT,
WITH ALL INSTRUMENTS OF NATIONAL POWER AND
INFLUENCE, THE VISION OF A FREE AND OPEN INDO-
PACIFIC, A VISION FIRST COINED BY THEN-PRIME
MINISTER OF JAPAN SHINZO ABE IN 2016, A VISION
IN WHICH ALL COUNTRIES PROSPER SIDE BY SIDE AS
SOVEREIGN, INDEPENDENT STATES, A VISION WHICH
PROMOTES FREE, FAIR, AND RECIPROCAL TRADE, OPEN
INVESTMENT ENVIRONMENTS, GOOD GOVERNANCE, AND
FREEDOM OF THE SEAS AS GOALS SHARED BY ALL WHO
WISH TO PROSPER IN A FREE AND OPEN FUTURE, A
VISION WHICH IS BASED ON VALUES THAT HAVE
UNDERPINNED PEACE AND PROSPERITY IN THE INDO-
PACIFIC FOR GENERATIONS, AND A VISION WHICH IS
SHARED WITH BILLIONS OF PEOPLE IN MORE THAN 35
COUNTRIES AND ECONOMIES.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
ensuring that the United States continues to support, with
all instruments of national power and influence, the vision
of a Free and Open Indo-Pacific, a vision first coined by
then-Prime Minister of Japan Shinzo Abe in 2016, a vision in
which all countries prosper side by side as sovereign,
independent states, a vision which promotes free, fair, and
reciprocal trade, open investment environments, good
governance, and freedom of the seas as goals shared by all
who wish to prosper in a free and open future, a vision which
is based on values that have underpinned peace and prosperity
in the Indo-Pacific for generations, and a vision which is
shared with billions of people in more than 35 countries and
economies, by the amounts provided in such legislation for
those purposes, provided that such legislation would not
increase the deficit over either the period of the total of
fiscal years 2021 through 2025 or the period of the total of
fiscal years 2021 through 2030.
______